Life at The Top novel Chapter 512

With all his gambling chips in hand, Ian took his seat at the figurative gambling table and began to set up his trap.

Jasper did not waste any time either.

Jasper arrived at ICBS’ Waterhoof City branch early in the morning.

With Vita’s help, Jasper had a very joyful negotiation with the Waterhoof City branch.

At noon, Jasper paid the 300 million in cash and signed a land transfer agreement with ICBS.

Jasper then had his capital verified by the ICBS, which received a joint guarantee agreement issued by Schuler Group in the Southeast Province. He obtained a commercial loan credit for a maximum of 12 billion right off the bat.

Walking out of the branch’s doors, Jasper shot Vita a smile. “That’s one hell of an ambitious bank you work at.”

While he only needed eight billion funds to kickstart his plan, the ICBS seemed to have more in plan for a ‘cash cow’ like him. They signed him the maximum amount of commercial loan credit the Waterhoof City branch was capable of—12 billion Somer Dollars.

Vita understood what Jasper intended to say and smiled. “It’s mainly because we believe that Mr. Laine has the best assets and is worthy of our trust. Not to mention that with Schuler Group’s joint guarantee agreement, we would easily provide a commercial loan of 20 billion if not for the matter of our limit.

“We would need the approval from the headquarters if that’s the case, and it’s a waste of time.”

As a person who had lived two lives, Jasper was well aware of why these people completed the procedure in record time. Jasper chuckled. “I’m pretty sure you were afraid that I’d be tempted by the other banks, no? A 12 billion Somer Dollar loan, at the lowest interest rate possible, will still cost me 150 million. Let alone a 20 billion loan.”

Vita laughed loudly. “The bank doesn’t have much of a choice. The competition is too strong.”

Jasper smiled but did not comment on it.

That was how banks worked. They would stuff your pockets full of money when you needed funds but would turn their backs on you when you needed to borrow money for emergency’s sake.